ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Shalini Singh joins NorthStar Insights as senior advisor – strategic communications
By Staff Writer in Media News on Friday, 29th May 2026 at 8:02pm
Puthiya Thalaimurai pulled off air from state cable network after critical TVK coverage
By Suganthi Marimuthu, Meena R. Prashant in Media News on Friday, 29th May 2026 at 3:30pm
TODAY’S TEN: Karnataka power shift, 70,000-cr submarine deal, VFS visa scrutiny and more
By Staff Writer in Media News on Friday, 29th May 2026 at 2:57pm
Meet Nidhi Jamwal: The independent journalist who turned grassroots reporting into impactful environmental journalism
By Pavithra in Media News on Friday, 29th May 2026 at 1:12pm
Insider: Kelly reveals three golden pitching tips
By Will McLennan in Media News on Friday, 29th May 2026 at 11:46amWho is ABC's incoming Director of News?
By Staff Writers in Media News on Friday, 29th May 2026 at 7:57am
Media news latest
Marcoms news latest